Retail stocks can gain on FDI in retail news: Deven Choksey

In a chat with ET Now, Deven Choksey, MD, KR Choksey Securities, shares his views on the retail space.

ET Now: What is your call on retail stocks?

Deven Choksey: I am not too sure which counters to bet on into the retail story. However, traders will find merits in every listed company because there would be some amount of positional bite from some callers. Would like to look at models of Bharti Walmart and Reliance Retail which could at some point of time be made available to investors in the secondary markets.

As of now, we do not have too many stocks to cover up on the retail side. However, on a trading side - some of these stocks could possibly look up on news flow in FDI in retail.